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45 Morley St

37,300 SF Industrial Building Hull HU8 8DL $3,788,835 ($102/SF)

Investment Highlights

  • 2.5 miles from A63
  • Development potential
  • Established industrial area

Executive Summary

The property offered for sale is a former vegetable/rape seed oil production plant which ceased operations at the end of 2022. The asset is divided into 2 sides, a northern side and southern side, separated by Morley Street.
Although the refinery building facing Stoneferry Road, along with other buildings, structures, and plant, has now been demolished, a number of buildings still remain at the property.
The northern side includes the plant office, Grade II listed seed silo, prep plant and brick chimney, while the southern side includes the maintenance building, meal flat store and commercial offices. The property has development potential for employment, roadside and retail uses.

Property Facts In Escrow

Price $3,788,835
Price Per SF $102
Sale Type Investment
Sale Conditions Redevelopment Project
Tenure Freehold
Property Type Industrial
Property Subtype Food Processing
Lot Size 6.17 AC
Rentable Building Area 37,300 SF
No. Stories 2
Year Built 1912
Tenancy Single

Amenities

  • 24 Hour Access
  • Yard
  • Storage Space
  • Listing ID: 32254787

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 45 Morley St, Hull HU8 8DL

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